Philips Electronics North America Corporation
78
Plan:
10
71
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 8 point difference between this plan's BrightScope Rating (78) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
5 additional years of work Up to $63,700 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
Philips Electronics North America Corporation Employee Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 78. This plan is in the top 15% of plans for Salary Deferral and Total Plan Cost. Philips Electronics North America Corporation Employee Savings Plan currently has over 31,800 active participants and over $2.5B in plan assets.
Retirement Plan Details
| Address |
3000 Minuteman Road
Andover, MA 01810-1032 |
| Industry | Manufacturing |
| Administrator | Elizabeth A Grella |
| Net Plan Assets | $2,520,000,000 |
| Total Participants | 32,000 |
| Avg Account Balance | $80,000 |
Compare Other Companies in Peer Group
| Kimberly-Clark | 82.5 |
| Corning | 80.2 |
| Alticor | 79.2 |
| Textron | 78.7 |
| Alliant Techsystems | 73.6 |
| Newell Rubbermaid | 69.7 |
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